Reliance Retail Ventures Limited (RRVL) announced that global investment firm KKR, through an affiliate, will invest ₹ 2,069.50 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 8.361 lakh crore, which makes it among the top four companies by equity value in the country. KKR’s follow-on investment will…
Sonata Software, the leading Modernization Engineering company has been named Microsoft India Partner of the Year across three verticals – Manufacturing & Conglomerates, ITES and Digital Natives. The Microsoft India Partner of the Year Awards acknowledge outstanding successes and innovations by partners in a wide variety of categories, including partner competencies, cloud to edge technologies,…
Symphony Limited announced the retirement of Vijay Joshi as CEO – India, with effect from September 11, 2023. According to the company’s exchange filing, “Pursuant to the provision of Regulation 30 of the SEBI Listing Regulations, we hereby inform you about the retirement of Mr. Vijay Joshi on attaining superannuation age, from the post of…
Centrum Capital Limited, a wealth management services provider, announced the re-appointment of Anjali Seth as Independent Director on the company’s Board, with effect from November 12, 2023. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of the Company vide circular resolution passed on September 11, 2023 have…
At this year’s World Satellite Business Week in Paris, Accenture announced an investment and collaboration with Open Cosmos, a space technology company that focuses on the design, manufacturing and integration of satellites. Open Cosmos builds and operates space missions, providing access to high quality satellite data and insights on a global scale via a data services platform.…
Formi, which empowers retail businesses in managing customer experiences, has announced its pre-seed funding round from Campus Fund. Funds will be used to enhance the tech platform and further expand its network of businesses catering to retail customers. Founded by Anirudh Arun and later joined by Aryamann Ningombam, Harshavardhan Reddy (from Manipal Institute of Technology), and…
RED.Health (Formerly StanPlus), India’s largest emergency response platform, recently appointed Dr. Tausif Thangalvadi, as the Vice President of Medical Operations. The company further elevates Dr. Manish Jajodia formerly the Group Medical Director, to AVP of Medical Operations. The appointment of Dr. Tausif and the elevation of Dr. Manish will be pivotal in RED.Health’s mission to…
SHINE Technologies, LLC, a next-generation fusion technology company, announced that Harrie Buurlage has been named Chief Commercial Officer of Isotopes. Buurlage, who has been the General Manager of SHINE Europe since 2019, will now oversee all commercial aspects of SHINE’s therapeutic and diagnostic medical isotope divisions. Supporting Buurlage in driving the growth of SHINE’s medical…
LRN Corporation, the leader in ethics and compliance solutions that enable organizations to inspire principled performance, has announced the appointment of Dean Rogers as Senior Vice President for the Asia-Pacific region. Based out of LRN’s Tokyo office, Dean will be leading LRN’s business development and client success operations in Japan and across the Asia-Pacific region,…
In a major step to support India’s industrial sector, NVIDIA and Reliance Industries today announced a collaboration to develop India’s own foundation large language model trained on the nation’s diverse languages and tailored for generative AI applications to serve the world’s most populous nation. The companies will work together to build AI infrastructure that is…
NVIDIA announced an extensive collaboration with Tata Group to deliver AI computing infrastructure and platforms for developing AI solutions. The collaboration will bring state-of-the-art AI capabilities within reach to thousands of organizations, businesses and AI researchers, and hundreds of startups in India, a statement said. The companies will work together to build an AI supercomputer…
SaaS company Exiger announced that it has signed an agreement with Capgemini, a leading business and technology transformation services company, for the sale of its market-leading Financial Crime Compliance (FCC) division. The transaction is due to close in the coming months. This comes at a time when Exiger is experiencing accelerated growth and penetration in the…
Accenture and Workday are expanding their partnership to help organizations reinvent their finance functions to be more agile, data-driven and customer-centric. The companies are collaborating to develop a suite of data-led, composable finance solutions that can be configured and reconfigured to help clients in the software and technology, retail, and media industries be more responsive to changing business requirements.…
Indostar Capital Finance Limited, one of India’s leading retail non-banking financial companies, announced the appointment of Devdutt Marathe as Additional Director in the category of Non-Executive Non-Independent Director on the company’s Board, with effect from September 8, 2023. According to the company’s exchange filing, “Further, upon recommendation of Nomination & Remuneration Committee, the Board of…
Sonata Software Limited, the leading Modernization Engineering company, announced the resignation of Roshan Shetty as Chief Revenue Officer of the company, with effect from September 11, 2023. According to the company’s exchange filing, “With reference to above cited regulation(s) and other applicable provisions, Mr. Roshan Shetty, Chief Revenue Officer of the Company, has tendered his…